RG7 1PP is a residential postcode situated on Basingstoke Road, Spencers Wood, Reading, RG7 with 4 addresses.
It ranks as the 479th largest and 703rd most expensive of the 1,423 postcodes in the RG7 area.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
RG7 1PP is a residential postcode situated on Basingstoke Road, Spencers Wood, Reading, RG7 with 4 addresses.
It ranks as the 479th largest and 703rd most expensive of the 1,423 postcodes in the RG7 area.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
Sale prices range from £221,246 for 2 bedroom Leasehold flats (914 ft2) to £657,072 for 4 bedroom freehold houses with a garden (1,776 ft2) .
Monthly rental prices range from £1,079 pcm for 2 bed flats to £2,135 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 5.9%.
The average value per square foot is £400.
The last sale in RG7 1PP sold for £565,000 on 17th March 2022. Since then prices are up an average of 0.8%.
The current average value in the postcode is £494,908.
The RG7 1PP Sales Market has increased by 6.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £494,908 |
| April 2025 | 0.1% | £502,867 |
| April 2024 | -0.5% | £502,286 |
| April 2023 | 1.6% | £504,578 |
| April 2022 | 5.4% | £496,607 |
| April 2021 | 2.6% | £471,317 |
| April 2020 | -0.4% | £459,430 |
| April 2019 | -2.1% | £461,346 |
| April 2018 | -0.7% | £471,003 |
| April 2017 | 2.2% | £474,363 |
| April 2016 | 14.7% | £464,036 |
| April 2015 | 10.9% | £404,695 |
| April 2014 | 11.1% | £364,777 |
| April 2013 | 4.6% | £328,408 |
| April 2012 | 1.3% | £313,986 |
| April 2011 | -1% | £309,889 |
| April 2010 | 5.4% | £313,055 |
| April 2009 | -12.8% | £297,096 |
| April 2008 | 1.3% | £340,872 |
| April 2007 | 0% | £336,549 |
The current average rental value in the postcode is £1,808.
The RG7 1PP Rental Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,808pcm |
| April 2025 | 3% | £1,760pcm |
| April 2024 | 7.3% | £1,709pcm |
| April 2023 | 9.9% | £1,593pcm |
| April 2022 | 6.9% | £1,450pcm |
| April 2021 | 3.3% | £1,357pcm |
| April 2020 | 0.3% | £1,313pcm |
| April 2019 | 0.3% | £1,310pcm |
| April 2018 | -1% | £1,306pcm |
| April 2017 | -0.2% | £1,319pcm |
| April 2016 | 4% | £1,322pcm |
| April 2015 | 5% | £1,271pcm |
| April 2014 | 4.5% | £1,211pcm |
| April 2013 | 4.9% | £1,158pcm |
| April 2012 | 4.1% | £1,105pcm |
| April 2011 | 3.1% | £1,061pcm |
| April 2010 | 0.1% | £1,029pcm |
| April 2009 | -8.6% | £1,028pcm |
| April 2008 | 5.1% | £1,125pcm |
| April 2007 | 0% | £1,071pcm |
The last sale was on 17th March 2022 for £565,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 2 sales since 1995.
RG7 1PP has seen no sales in the last three years and no sales in the last twelve months.
RG7 1PP is the 479th largest and the 703rd most expensive postcode out of the 1,423 postcodes in the RG7 area.
Be the first Estate
Agent here!
The closest station to RG7 1PP is Mortimer station which is 4.5 kilometres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent